Andrew Graham, manager of the Martin Currie Pacific Trust, looks at how casino stocks can help investors tap into the emerging Asia consumer story.
Andrew Graham, manager of the Martin Currie Pacific Trust, looks at how casino stocks can help investors tap into the emerging Asia consumer story One of the surest signs of rising disposable incomes in Asia is the phenomenal growth of the region’s casino industry. Last month, PricewaterhouseCoopers predicted that the Asia-Pacific region would overtake the US as the world’s biggest casino market by 2013. For stockpicking investors, this is nothing new. After all, Macau casino operator SJM Holdings has been one of Asia’s best-performing stocks in recent years, thanks to ever-increasing...
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